President Donald Trump and Turkish President Recep Tayyip Erdogan meet in the Oval Office of the White House, Wednesday, Nov. 13, 2019, in Washington. (AP Photo/ Evan Vucci) President Donald Trump and Turkey’s leader, Recep Tayyip Erdogan, met Wednesday as relations between the NATO allies have fallen to their lowest point in decades, with Turkey

A currency trader works near the screens showing the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, Nov. 13, 2019. Asian stocks sank Wednesday after U.S. President Donald Trump threatened more tariff hikes on Chinese imports if talks aimed at ending a trade war fail to produce an interim

Default on mortgages jumped 41 percent to Sh38 billion, pointing to widespread distress in the real estate sector as Kenya’s economy slows down and property auctions pick up. Latest Central Bank of Kenya (CBK) data shows that mortgages recorded the highest growth in non-performing loans (NPLs) last year from Sh27.2 billion in 2017, reflecting the

Photo/Somali Times/President of the Federal Republic of Somalia, Mohamed Abdullahi Mohamed Mogadishu, The President of the Federal Republic of Somalia, Mohamed Abdullahi Mohamed, will attend the United Nations Conference on Development in Nairobi. The conference, chaired by the United Nations Development Fund (UNFPA), sets out common plans for the development of the annual and regional

Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, representing Thani Bin Abdullah Bin Thani Al Thani Humanitarian Fund, signing the MoUs and agreements with Timothy Wright, Action Against Hunger to provide humanitarian and relief assistance in several African countries, including Somalia and Congo. Doha: The Thani Bin Abdullah Bin Thani Al Thani Humanitarian Fund

In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani speaks in a public gathering at the city of Yazd, some 410 miles (680 kilometers) southeast of the capital Tehran, Iran, Sunday, Nov. 10, 2019. Iran has discovered a new oil field in the country’s south with

Turkish official says small businesses should be protected from big companies For a healthy economy, all stakeholders should get their share of the pie, a senior official of the Turkish Presidency said. Just producing is not enough, said Hakan Yurdakul of the presidency’s Economic Policies Council, adding equitable distribution is key for a sustainable economy.

Xinhua, China’s state news agency, reported that the satellite was launched on Sunday from the northern Chinese province of Shanxi [Reuters] Sudan’s first-ever satellite to carry out research in military, economic and space technology has been launched by China, the African country’s governing council said. General Abdel Fattah al-Burhan, head of Sudan’s sovereign council, announced

US Ambassador to Kenya Kyle McCarter US Ambassador to Kenya Kyle McCarter on Monday threw a jab at Chinese relations with Kenya, suggesting it is heavily skewed in favour of the Asian economic giant and saddles the latter with debt. Mr McCarter, speaking at the American Chamber of Commerce (AmCham) Business Summit in Nairobi, at

Photo/Somali Times Mogadishu, Prime Minister Hassan Ali Khaire and Minister of Foreign Affairs Denmark, Jeppe Sebastian today arrived in Mogadishu at the meeting discussed cooperation and strengthening relations inherent in both countries and maintain the support of the re-Denmark country recovery. The Minister of Foreign Affairs, thanked the wide reception, said the partnership between the